TNAG-1854-FCO40-2629-Legislative-Council-of-Hong-Kong-memoranda-and-minutes-of-me-1989 — Page 16

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MOTION

146

HONG KONG FUTURES EXCHANGE LIMITED

(TEMPORARY PROVISIONS) ORDINANCE

The Financial Secretary moved the following motion and addressed the Council :

That, as no meeting has been, or is likely to be, held under section 3 of the Hong Kong Futures Exchange Limited (Temporary Provisions) Ordinance prior to 1 April 1989, a reference to "1 July 1989" be substituted for the reference to "1 April 1989" in that section.

Question proposed, put and agreed to.

BILLS

FIRST READING OF BILL

DRUG TRAFFICKING (RECOVERY OF PROCEEDS) BILL 1989

The bill was read the first time and ordered to be set down for second reading pursuant to Standing Order 41(3).

SECOND READING OF BILLS

DRUG TRAFFICKING (RECOVERY OF PROCEEDS) BILL 1989

The Secretary for Security moved the second reading and addressed the Council, after which he moved that the debate be adjourned.

Question on subsidiary motion proposed, put and agreed to.

INLAND REVENUE (AMENDMENT) (NO. 2) BILL 1988

Resumption of debate on second reading which was moved on 2 November 1988.

Question on second reading proposed.

Mr. Peter POON and Mr. Peter WONG spoke to the motion, and the Financial Secretary replied.

Question put and agreed to.

Bill read the second time and committed to a Committee of the whole Council.